Presidio Property Trust commences tender offer to repurchase up to 2M shares

Presidio Property Trust (SQFT) has commenced a tender offer to purchase all odd lots plus up to 2,000,000 shares of its outstanding Series A Common Stock, par value $0.01 per share, at a price of $0.68 per share, less any applicable withholding taxes, and without interest. The Offer will expire at 11:59 P.M., New York City time, on May 5, 2025, unless extended or earlier terminated. The Offer will not be contingent upon any minimum number of Shares being tendered or any financing conditions. The Offer will, however, be subject to other conditions. The Company has been advised that none of its directors or executive officers intend to tender their Shares in the Offer.